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if you are a foreigner and you want to set up a company in the Philippines a tourist visa would do and if you incorporate a company then 60% should be under a filipino partner/s but a month is not enough to have the incorporation done unless you know someone in the Security and Exchange Commission.
you can have your visa extended but Philippines only give you 21 days extension and you have to do it every month unless you want a permanent visa.
Anywhere near the business district (Makati) is a safe place and you can find a condominium unit ranging from US$1k-$2k!
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